Friday, September 2, 2011

ConEdison-US




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Consolidated Edison, Inc. (NYSE: ED), colloquially referred to as Con Edison or Con Ed, is one of the largest investor-owned energy companies in the United States, with approximately $13 billion in annual revenues and $40 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:
  1. Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York;
  2. Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350-square-mile (3,500 km2) area in southeastern New York and adjacent sections of northern New Jersey and northeastern Pennsylvania;
  3. Con Edison Solutions, a retail energy supply and services company;
  4. Con Edison Energy, a wholesale energy supply company; and
  5. Con Edison Development, a company that owns and operates generating plants and participates in other infrastructure projects.
                               In 2005, electric revenues accounted for 64.9% of consolidated sales (68.2% in 2004); gas revenues 15.9% (15.4%); non-utility revenues 13.6% (10.8%); and steam revenues 5.5% (5.6%).
 Type Public  
Traded as
NYSE: ED
S&P 500 Component
Industry               Energy industry
Founded              1823 (as New York Gas Light Company)
Headquarters    4 Irving Place,
New York City, New York, U.S.
Area served       New York metropolitan area
Key people         Kevin Burke
Services               Electricity, Gas, and Steam
Website               www.coned.com



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